Buyers Rights to Access Property Being Purchased

When is a Buyer entitled to access a property after the Contract is signed but before the settlement?

Under Clause 8.2 of the Standard REIQ Terms of a Contract a Buyer (and their consultants) may enter the property (after giving reasonable notice to the Sellers) as follows:

  1. To read the water meter
  2. To carry out building, pest and/or pool inspections
  3. To value the property
  4. Once to inspect the property prior to settlement

TIP: We recommend Buyers inspect the property prior to settlement on either the day before or preferably the day of settlement. We suggest Buyers contact their Real Estate Agent to make arrangements for inspections.

To learn more about the Buyers Rights to Access Property Being Purchased, contact OwnIt Conveyancing today.

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Andrew Francey

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Andrew has over two decades experience in high growth fast moving consumer goods, agribusiness and professional services. Supporting the OWNit team to deliver on client expectations, and implementing processes to scale the organisation, is a key focus for Andrew.

Andrew is a C-Suite leader with Chairman and Board experience.  He has formal qualifications in Business, Applied Finance and AICD Company Directors Course.

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